U-Haul (NYSE:UHAL.B) Major Shareholder Mark Shoen Sells 23,000 Shares of Company Stock

U-Haul Holding (NYSE:UHAL.B) major shareholder Mark Shoen sold 23,000 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $50.10, for a total transaction of $1,152,300.00. Following the sale, the insider directly owned 172,196 shares of the company’s stock, valued at approximately $8,627,019.60. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

U-Haul Price Performance

Shares of U-Haul stock opened at $49.29 on Friday. The business has a 50 day moving average price of $52.64 and a 200-day moving average price of $52.56. U-Haul Holding has a 52 week low of $39.62 and a 52 week high of $60.14.

U-Haul Company Profile

U-Haul Holding Company, formerly known as AMERCO, is a North American provider of do-it-yourself moving and storage services. Its U-Haul business rents trucks, trailers and towing equipment, and sells moving supplies and related products. Customers can also use U-Box portable storage containers for moving or storage. The company operates self-storage facilities and offers related services, including vehicle hitch installation and propane sales at some locations. Its network includes company-operated locations and independent dealers.